{"id":17,"date":"2016-02-12T16:13:26","date_gmt":"2016-02-12T16:13:26","guid":{"rendered":"http:\/\/blogs.dickinson.edu\/econ332\/?p=17"},"modified":"2016-02-23T20:09:38","modified_gmt":"2016-02-23T20:09:38","slug":"reinvesting-resource-rent","status":"publish","type":"post","link":"https:\/\/blogs.dickinson.edu\/econ332\/2016\/02\/12\/reinvesting-resource-rent\/","title":{"rendered":"Reinvesting resource rents"},"content":{"rendered":"<p><em>The Financial Times<\/em> had a recent blog post comparing Venezuela and Bolivia&#8217;s use of fossil fuel rents. <a href=\"http:\/\/www.ft.com\/intl\/cms\/s\/0\/204fc996-c8d5-11e5-a8ef-ea66e967dd44.html#axzz3zfBIypYi\">Venezuela is suffering today <\/a>as a result of an earlier decision to use resource rents from oil to borrow heavily and increase the country&#8217;s national debt. By comparison, <a href=\"http:\/\/www.lse.ac.uk\/IDEAS\/publications\/reports\/pdf\/SU005\/kaup.pdf\">Bolivia used the resource rents from natural gas <\/a>to increase spending on infrastructure, health care and education.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Financial Times had a recent blog post comparing Venezuela and Bolivia&#8217;s use of fossil fuel rents. Venezuela is suffering today as a result of an earlier decision to use resource rents from oil to borrow heavily and increase the &hellip; <a href=\"https:\/\/blogs.dickinson.edu\/econ332\/2016\/02\/12\/reinvesting-resource-rent\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1343,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[124768],"tags":[],"class_list":["post-17","post","type-post","status-publish","format-standard","hentry","category-non-renewable-energy"],"_links":{"self":[{"href":"https:\/\/blogs.dickinson.edu\/econ332\/wp-json\/wp\/v2\/posts\/17","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.dickinson.edu\/econ332\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.dickinson.edu\/econ332\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.dickinson.edu\/econ332\/wp-json\/wp\/v2\/users\/1343"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.dickinson.edu\/econ332\/wp-json\/wp\/v2\/comments?post=17"}],"version-history":[{"count":0,"href":"https:\/\/blogs.dickinson.edu\/econ332\/wp-json\/wp\/v2\/posts\/17\/revisions"}],"wp:attachment":[{"href":"https:\/\/blogs.dickinson.edu\/econ332\/wp-json\/wp\/v2\/media?parent=17"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.dickinson.edu\/econ332\/wp-json\/wp\/v2\/categories?post=17"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.dickinson.edu\/econ332\/wp-json\/wp\/v2\/tags?post=17"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}